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May 15, 2025
Are Boise multifamily rents poised to make a big run? It depends on the property type.
Boise, Idaho’s multifamily market rebalance continues into the second quarter of 2025, though the market’s asking rent performance hasn’t quite synced with the trend. On an annual basis, rents posted a minimal loss of 0.05% at the end of the first quarter, which improved from the negative reading of 0.44% in the first quarter of 2024.
May 14, 2025
Multifamily rents are rising across the Pacific Northwest
Most Pacific Northwest metropolitan areas saw positive multifamily rent growth last year. Only Bend, Oregon, continued to see rents fall in 2024.
May 8, 2025
Labor market momentum picks up steam in Idaho Falls
The Idaho Falls, Idaho, region witnessed a solid nonfarm employment growth reading year over year in March.
November 13, 2024
Migration and manufacturing could shed light on future Idaho multifamily market
In 2023, just under 82,000 residents moved to Idaho through domestic migration while 65,000 left the state. That net gain of 17,000 people offers insight into the future of multifamily development in the Gem State.
July 19, 2024
Pacific Northwest Well-Represented Among Small Apartment Markets With Strengthening Occupancy Rates
As a prolonged supply glut begins to recede and demand begins to rebound, the national vacancy rate is anticipated to ease in the second half of 2024.
June 3, 2024
Trader Joe’s Scouts Out Two Dozen New Stores Across US As Competition Picks Up
Trader Joe's, known for having devoted customers who come for its relatively low price and eclectic groceries, plans to open two dozen stores this year as it mounts a national expansion at a time of heightened competition.
April 17, 2024
Multifamily Rents in Eastern Washington and Idaho Resume Ascent as Construction Slows
Some of the Pacific Northwest's larger metropolitan areas appear to be reentering a growth cycle. Boise, Idaho; Coeur d’Alene, Idaho; Spokane, Washington and the Kennewick-Richland region in Washington, also known as the Tri-Cities metropolitan areas, each saw rents increase quarter-over-quarter as the often vibrant spring and summer leasing season begins.
December 28, 2023
Coeur d’Alene, Idaho, Posts Record Employment Mark for November
Coeur d’Alene, Idaho’s metropolitan area shed about 200 jobs month over month in November, equating to a 0.26% decrease in the nonfarm payroll, but still a record employment mark of 75,300 for the month of November, according to preliminary data from the Bureau of Labor Statistics.
November 15, 2023
Smaller Cities Experience Strongest Rent Growth in the Pacific Northwest
Smaller metropolitan areas have consistently dominated rent growth in the Pacific Northwest since the pandemic. Among the two dozen apartment markets that CoStar tracks in Idaho, Oregon and Washington, Portland and Seattle, two of the largest markets in this area, consistently have been toward the bottom of the list for rent growth since 2020.
November 2, 2023
Trucker Yellow Seeks To Scrap Leases Involving Blackstone, Prologis, Among Others, Through Bankruptcy
Trucking company Yellow identified 19 more properties where it plans to walk away from active leases, including truck terminals and warehouses in Atlanta, Dallas, San Diego and other big markets.
October 11, 2023
Idaho and Eastern Washington’s Major Markets May Have Reached Low Point for Multifamily Rent Growth
A two-year period of falling rents in the Northwest markets of Spokane, Washington, Coeur d’Alene, Idaho and Boise, Idaho, appears to be nearing an end.
February 15, 2023
Tuesday Morning Seeks To Close More Than Half Its US Stores Through Bankruptcy Court
Off-price retailer Tuesday Morning is planning to close more than half of its U.S. stores as it seeks to drastically restructure its business to return to profitability.
October 4, 2022
Pacific Northwest ‘Zoom Towns’ Fall From Grace After Rapid Expansion During Pandemic
Many areas in the Pacific Northwest that saw the greatest increase in apartment rents last year were located in smaller secondary markets that saw an influx of remote workers from major coastal cities. Sometimes referred to as 'zoom towns,' these typically scenic places experienced a surge in housing demand from remote workers freed by the pandemic to work from home long term. Often lacking the available units to support such a rapid increase in renters, these areas saw a drastic uptick in rents.
September 14, 2022
Coeur d’Alene’s Heavy Multifamily Pipeline To Test Market Amid Cooling Demand
Developers in Coeur d’Alene, Idaho’s multifamily market continue to bring projects online at breakneck speeds, a result of strong fundamentals over the past few years.
August 4, 2022
Coeur d’Alene’s Employment Has Swollen 12.1% Since Pandemic’s Onset
Coeur d’Alene, Idaho’s preliminary non-seasonally adjusted employment data indicates the metropolitan area gained 1,900 jobs year over year since 2021, based on the most recent release for June by the Bureau of Labor Statistics. This equates to a 2.6% increase in the nonfarm payroll.

Are Boise multifamily rents poised to make a big run? It depends on the property type.

Multifamily rents are rising across the Pacific Northwest

Labor market momentum picks up steam in Idaho Falls

Migration and manufacturing could shed light on future Idaho multifamily market

Pacific Northwest Well-Represented Among Small Apartment Markets With Strengthening Occupancy Rates

Trader Joe’s Scouts Out Two Dozen New Stores Across US As Competition Picks Up

Multifamily Rents in Eastern Washington and Idaho Resume Ascent as Construction Slows

Coeur d’Alene, Idaho, Posts Record Employment Mark for November

Smaller Cities Experience Strongest Rent Growth in the Pacific Northwest

Trucker Yellow Seeks To Scrap Leases Involving Blackstone, Prologis, Among Others, Through Bankruptcy

Idaho and Eastern Washington’s Major Markets May Have Reached Low Point for Multifamily Rent Growth

Tuesday Morning Seeks To Close More Than Half Its US Stores Through Bankruptcy Court

Pacific Northwest ‘Zoom Towns’ Fall From Grace After Rapid Expansion During Pandemic

Coeur d’Alene’s Heavy Multifamily Pipeline To Test Market Amid Cooling Demand

Coeur d’Alene’s Employment Has Swollen 12.1% Since Pandemic’s Onset

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